I'm upgrading LSCC to "Buy" with a $65.53 price target, reflecting optimism for eFY26 growth in automation, robotics, aerospace, and data centers. Despite near-term macro uncertainty and tariff risks, I expect a turnaround as manufacturing reshoring and supply chain shifts drive demand for Lattice's FPGAs. Lattice's strong balance sheet, no debt, and active share repurchases provide flexibility for reinvestment and shareholder value creation.
LSCC reports lower revenues year over year in the first quarter, owing to weak demand trends in multiple end markets.
Lattice Semiconductor Corporation (NASDAQ:LSCC ) Q1 2025 Earnings Conference Call May 5, 2025 5:00 PM ET Company Participants Rick Muscha - Senior Director of IR Ford Tamer - Chief Executive Officer Lorenzo Flores - Chief Financial Officer Conference Call Participants Melissa Weathers - Deutsche Bank Srini Pajjuri - Raymond James Christopher Rolland - Susquehanna International Group, LLP David Williams - Benchmark Company Ruben Roy - Stifel Nicolaus Gary Mobley - Loop Capital Tristan Gerra - Baird Quinn Bolton - Needham and Company Joshua Buchalter - TD Cowen Ezra Weener - Jefferies Duksan Jang - Bank of America Kevin Garrigan - Rosenblatt Securities Operator Greetings and welcome to the Lattice Semiconductor First Quarter 2025 Earnings Call. At this time all participants are in a listen-only mode.
4 Aug 2025 (In 1 week) Date | | 0.24 Cons. EPS | - EPS |
4 Aug 2025 (In 1 week) Date | | 0.24 Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
10 Feb 2025 Date | | 0.19 Cons. EPS | 0.15 EPS |
4 Nov 2024 Date | | 0.24 Cons. EPS | 0.24 EPS |
4 Aug 2025 (In 1 week) Date | | 0.24 Cons. EPS | - EPS |
4 Aug 2025 (In 1 week) Date | | 0.24 Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
10 Feb 2025 Date | | 0.19 Cons. EPS | 0.15 EPS |
4 Nov 2024 Date | | 0.24 Cons. EPS | 0.24 EPS |
Semiconductors Industry | Technology Sector | Fouad G. Tamer CEO | NASDAQ (NGS) Exchange | 518415104 Cusip |
US Country | 1,110 Employees | - Last Dividend | 12 Oct 2000 Last Split | 8 Nov 1989 IPO Date |
Lattice Semiconductor Corporation is a prominent player in the semiconductor industry, offering a wide range of products globally. Established in 1983 and headquartered in Hillsboro, Oregon, the company has developed a strong market presence across Asia, Europe, and the Americas. Lattice Semiconductor specializes in the development and sale of semiconductor products, leveraging its technology to serve a diverse clientele. The company targets its offerings towards original equipment manufacturers (OEMs) primarily within the communications, computing, consumer, industrial, and automotive sectors. It operates its sales through both direct and indirect channels, including independent manufacturers' representatives and distributors. This strategic approach ensures a broad reach to customers worldwide, reinforcing Lattice Semiconductor's position in the semiconductor industry.
This product family includes field programmable gate arrays (FPGAs) designed for various applications, offering flexibility and customization for specific project requirements. These products are ideal for developers looking for adaptable and efficient solutions in their semiconductor needs.
Another family of FPGAs, Mach products are tailored to deliver high-performance and low-power solutions for a wide range of applications. They are particularly suited for consumer electronics and industrial automation, providing reliable and compact options for designers.
The iCE family encompasses FPGAs focused on mobile and handheld devices, emphasizing low power consumption and small form factors. These products cater to the increasing demand for efficient and compact semiconductor solutions in portable devices.
Specializing in video connectivity, CrossLink products offer high-speed video interface solutions. They are designed to meet the needs of sophisticated video and imaging applications, ensuring seamless and quality data transmission.
Lattice Semiconductor also offers a range of application-specific standard products (ASSPs) focused on video connectivity. These solutions are crafted to support high-quality video applications, providing reliable and efficient performance for video transmission and processing tasks.
In addition to hardware products, Lattice Semiconductor engages in the licensing of its technology portfolio. This includes standard IP and IP core licensing, patent monetization, and IP services, allowing the company to leverage its technological advancements and innovations, supporting a variety of industry partners and clients.